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Crypto & Bitcoin

Bitcoin to hit new high in 2027 as four-year cycle ends, Flaum says

Reported by Lawrence Mondal, crypto.news

Image: crypto.news

Log Scale Investments CEO Mike Flaum has predicted Bitcoin will reach a new all-time high in 2027, rejecting the idea that its price still follows a dependable four-year cycle. Flaum expects a Bitcoin record in 2027 and says the four-year cycle is over. Galaxy’s latest research argues Bitcoin bottomed in June, revising its earlier downside assessment. Fidelity says improving market signals still leave questions about whether a sustained recovery has begun. Grayscale favors economic conditions and interest rates over the halving calendar when assessing Bitcoin. Bitcoin Magazine shared Flaum’s forecast following an Oct.

This is an excerpt. The reporting belongs to crypto.news.

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